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Dual sourcing : with arbitrary stochastic demand and stochastic lead times

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ISBN: 9783866445284 Year: Pages: XVIII, 337 p. DOI: 10.5445/KSP/1000018435 Language: ENGLISH
Publisher: KIT Scientific Publishing
Subject: Business and Management
Added to DOAB on : 2019-07-30 20:01:58
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Abstract

Companies with high-performing supply chains enjoy essential competitive ad- vantages. However, supply chain management faces an environment of rising risk that endangers these competitive advantages. One of the reasons is to outsource parts of their business. This bears the risk of significantly increased lead times and lead time variability. It is the impact of lead time variability on inventory management that is the central aspect of this book. It describes a mathematical model for dual sourcing with two reorder points, shows the deviation between stochastic and deterministic calculations in a sensitivity analysis, and investigates different relaxations of a traditional dual-sourcing policy.

The Economic and Environmental Sustainability of Dual Sourcing

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Book Series: Forschungsergebnisse der Wirtschaftsuniversitaet Wien ISBN: 9783631622728 Year: Pages: 119 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Business and Management
Added to DOAB on : 2019-01-15 13:32:59
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Supply chains consist of all processes which are needed in order to supply customers with the required products. Traditionally, supply chain management decisions are based on the economic performance of the involved parties. But in recent years, other criteria, such as quality, flexibility or the environment, have become important as well. Especially carbon emissions are high on the political agenda because they are considered to be a major cause of the greenhouse gas effect. In this work it is shown how the performance of supply chains can be evaluated considering both economic and environmental criteria. In particular, the work deals with dual sourcing in the context of the newsvendor model. The impact of environmental regulations (emission taxes and emission trading) on the decisions of companies is analysed.

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